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(H18) Long Term Support Still...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) Long Term Support Still Intact, 116-067 Resistance
*RES 4: 116-147 Hourly recovery high Dec 14
*RES 3: 116-117 Dec 18 high
*RES 2: 116-065/067 Dec 29 high, Dec 18 low
*RES 1: 116-027 Jan 3 high
*PRICE: 115-275 @1130GMT
*SUP 1: 115-270 Dec 26 low
*SUP 2: 115-197 5 year bear channel base projection
*SUP 3: 115-045 3 month bear channel base projection
*SUP 4: 114-265 1% volatility band
*COMMENTARY* Fresh downside pressure last week following the inability to
traverse the 50% Fibo retrace level at 116-192 earlier in the month. A low of
115-270 before finding some support, ahead of the longer term supports between
115-197/115-045. Meanwhile, 116-067 still provides resistance. Above and
congested 116-117/116-147 lies ahead of any attempt at a real recovery. 

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